German Chancellor Candidate Vows to Increase Military Spending

Armin Laschet, the conservative German candidate running for chancellor, said that Germany must increase its military spending. In 2021, it has increased again by 3.2% to US$63.8 Billion; but it’s still below NATO’s target of 2% of GDP. To meet that target, Germany’s military spending has to increase to at least US$66 Billion.